Sumo Logic (SUMO) reported earnings on Mon 7 Dec 2020

• The company’s first earnings report since it came public in September. 
• Oddly, Sumo issued the numbers in the middle of the trading day, a few minutes before noon Eastern time, something almost no company does intentionally. Earnings are generally issued before the market opens in the morning or after trading closes in the afternoon.

** charts after earnings **

Sumo Logic beats by $0.30, beats on revs; guides Q4 EPS above consensus, revs above consensus

Reports Q3 (Oct) earnings of $0.06 per share, excluding non-recurring items, $0.30 better than the S&P Capital IQ Consensus of ($0.24); revenues rose 28.1% year/year to $51.9 mln vs the $49.12 mln S&P Capital IQ Consensus.

Co issues upside guidance for Q4, sees EPS of ($0.13) - ($0.12), excluding non-recurring items, vs. ($0.15) S&P Capital IQ Consensus; sees Q4 revs of $51.8-52.3 mln vs. $50.77 mln S&P Capital IQ Consensus.